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Joey
Bloomberg Television
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Comments by "Joey" (@Joey-ct8bm) on "What the European Union's Role as "Regulator-in-Chief" Means | Wall Street Week" video.
😂 The US economy is about to collapse of high debt. The EU will still be there in a 100 years, the US won't. The US borrowed 11 trillion dollars in 8 years. That's half the GDP of the entire EU. We would be in total panic mode if we had the US economy in Europe. Trump even managed to have a 14% budget shortage. Nobody hits those numbers in the EU. Not even the worst economy Italy. The EU also works very different than the US. Only 2% gdp per country goes to EU funds. A Romania doesn't have the same innovation as the Netherlands. When a bad economy like Italy falls, not the entire EU falls. When the US falls, the whole US falls.
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Why? All the territory Ukrainian keeps will be EU territory in the future. There's for 15 trillion of raw materials in the ground there. If we can get Crimea back there's a huge gas bubble too.
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